Tag Archives: Mining

Having already expanded its China-based ASIC chip manufacturing into Switzerland and Canada, Bitmain is looking to add a facility to the Pacific Northwest region of the United States. According to companies-numbers.com, the co-founder of Bitmain, Jihan Wu, is the sole governing person behind Ant Creek LLC, a company in the Port of Walla Walla, Washington, […]

Authorities in a city in the state of New York are considering taking action against cryptocurrency mining. Plattsburgh attracts commercial miners thanks to their cheap power supplies. However, officials there believe the drain the activity places on the grid could be unfairly increasing the cost to other citizens of the city. Cheap Hydroelectricity Limited in […]

Québec, Canada has recently been thought to be a bitcoin mining boom town, as more data centers set up there to take advantage of relatively cold climes and low cost electricity. Not everyone is happy about it, especially the local government who fail to see why decentralized, invisible, magic internet money is worth anything at […]

If you want to see first hand how cryptocurrency functions in a market outside of speculative investing, right now, Venezuela is an interesting place to look. “Venezuela could become a case study repeated all over the world under certain conditions,” said Jeffrey A. Tucker, editorial director of the American Institute for Economic Research (AIER), in […]

Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of bitcoin mining operations. This year alone energy expended on crypto mining will exceed that of typical domestic usage, according to reports. Also read: Internet Pioneer Who Influenced Assange & Snowden […]

Are miners — the nodes on a blockchain that process transactions — partners in a company? And, if they are deemed partners, and a cryptocurrency project collapses leaving coin holders holding the bag, what legal construct is in place to protect miners from lawsuits? One Vermont lawyer sees a “nightmare” unfolding. Stepping back a few […]

If you are looking to get into the cryptocurrency mining game or you have a special project that requires additional hashing power, Rent A Hash is the kind of service you are looking for…. Rent a rig and mine any coin you want with Rent A Hash was published on CryptoNinjas.